The wave of layoffs in the tech industry continues in 2025, with major companies like Intel, Microsoft, Bumble, and others cutting thousands of jobs. So far this year, more than 63,000 tech workers ...

Intel begins large-scale layoffs and exits its automotive chip business as part of CEO Lip-Bu Tan’s deep restructuring ...

Lip-Bu Tan carries on Gelsinger’s spring clean  Troubled Chipzilla has finally decided its in-house automotive dabbling isn't ...

Intel has begun laying off employees under new CEO Lip-Bu Tans major cost-cutting push, with 107 staff at its Santa Clara ...

Intel is undergoing a seismic shake-up, axing jobs and abandoning its automotive chip division as part of a cost-cutting ...

Intel has started cutting jobs in California. It is also shutting down its automotive chip unit, as part of CEO Lip-Bu Tan’s broader cost-cutting and restructuring strategy.

Intel has been making industrial chips for the car industry since 1976, but in the last decade or so, it has been moving into ...

Intel is making a clean break from the road. In a decisive move to sharpen its focus and rein in spending, the tech giant has confirmed it will shut down its automotive unit and lay off most of the ...

Intel (INTC) is reportedly shutting down its automotive unit and will lay off most employees in that segment, the company told staff in an internal message. “The company plans to wind down the Intel ...

Intel’s stock surged 6.4% after positive developments boosted investor confidence. Counterpoint Research revealed Intel grabbed 6.5% of the foundry market, ranking second behind TSMC. Samsung’s pivot ...